In an interview at the Pharmacy Development Services 2022 conference, Tom Wheelwright, CPA, founder and CEO of WealthAbility, discussed his perspective on taxes and how pharmacies can use them to their advantage.

Wheelwright said that he thinks of tax law as a series of instructions and incentives, rather than as an intimidating or frustrating penalty for success. He also discussed how the COVID-19 pandemic complicated pharmacy financials, how new services offer a chance at further financial success, and 3 new opportunities for tax savings in 2022.